Our Services
OUR SERVICES
Through Piedmont’s innovative processes and proprietary technology,
we deliver superior accuracy.
Through Piedmont’s innovative processes and proprietary technology, we deliver superior accuracy. As a result, fund managers can better serve their customers and monitor portfolios using real-time insights. Our team provides comprehensive services designed to help clients improve efficiency, enhance internal controls and transparency and reduce transactional friction.
Fund Administration
Fund administration is not a formulaic, one-size-fits-all process. While every fund will have a basic set of core needs, each type of fund requires slightly different administrative services. Our team works with each client based on their unique needs and the individuality of the associated funds.
Piedmont is a customer-first company. Our engagement team is highly accessible and responsive.
We understand that clients often have unique questions that require quick responses. Providing them with timely information is part of our commitment to service and maintaining the trust-based relationships we build with each client.
- Pre-launch advisory and consultation
- Dedicated onboarding team to guide you through successful implementation
- Review draft offering documents
- Calculation of net asset value (NAV) and preparation of monthly/quarterly management reports & investor statements
- Daily reconciliation of cash and securities across multiple custodians
- Existence and valuation verification
- Recording corporate actions information
- Calculation of management fees and performance allocations
- Maintenance of partnership accounting and partners’ allocation of profit and loss
- Maintenance of waterfall calculations based on the fund’s governing documents
- Calculate and process true-up interest charges for limited partners in subsequent closings
- Preparation and distribution of capital call notices to limited partners
- Cloud-based reporting and a secured investor portal
- Monthly tear sheets and NAV transparency reports
- Calculation of the fund’s IRR and fund analytics, i.e. distribution to paid-in capital, residual value to paid-in capital, and total value to paid-in capital
- Preparation of annual GAAP and IFRS financial statements
- Year-end audit assistance and tax reporting support
- Maintenance of limited partner communications
Middle Office
Increase operational efficiency and lower your business costs with our Middle Office Managed Services. Our middle office services are designed to provide fund managers with seamless operational support across trading, reconciliation, and portfolio oversight functions.
By managing day-to-day workflows with accuracy and efficiency, we help ensure data integrity, mitigate operational risk and keep your front office focused on investment performance.
Whether you’re managing liquid strategies or complex portfolios, our middle office solutions deliver real-time visibility and control.
- Trade Support and Data management – trade allocations, trade capture, security master setup and maintenance
- Cash Management – daily cash reporting, reconciliation and liquidity projections
- Daily Reconciliations – cash and asset reconciliation to custodian and counterparties
- Portfolio Accounting – income and expense accrual tracking and financial statements
- Daily Corporate Actions processing
AML/KYC Compliance
AML and KYC Compliance are necessary and required to protect against financial crimes and ensure funds are safe and secure.
Piedmont is proud to partner with our clients to reduce risk, monitor for suspicious activity and manage regular assessments to maintain compliance and provide peace of mind.
- Provide Anti-Money Laundering (AML) and Know Your Customer (KYC) services for new investors being accepted into the fund
- Assist Money Laundering Reporting Officer (MLRO) or AML Compliance Officer (AMLCO) in providing reportable transactions or suspicious activity report
- Perform on-going monitoring and scan subject names against OFAC and sanctioned databases
Treasury Management
Providing a Safeguard for Controls Over Cash Disbursements in Treasury Servicing
At Piedmont, we augment our fund administration services with comprehensive treasury management functions to manage your fund’s distributions and expense payments.
By working with us on treasury management, your fund will achieve superior controls over cash disbursements as mandated by today’s institutional investors. Our treasury team will help design a robust wire process through our secured portal and enhance security against fraud and unauthorized transactions.
Tax Services
Our dedicated tax professionals provide specialized tax services to meet the complex needs of alternative investment vehicles and their investors.
From partnership tax returns to investor-level reporting, our team ensures accuracy, compliance and timely delivery across all tax-related obligations. With deep experience in fund structures and investor tax reporting, we help fund managers meet their filing requirements while maintaining transparency and credibility with LPs and regulatory bodies.
- Preparation of Partnership Tax Returns and filing services
- Preparation of IRS Schedules K-1 and K-3
- Preparation of Passive Foreign Investment Company (“PFIC”) Annual Information Statements
- Preparation and filing of Form 1099
- Serve as Designated Partnership Representative
Management Company Accounting Services
Comprehensive support for your management and GP Entities.
Over 70% of our fund administration clients also rely on us to handle their management company and general partner (GP) entity accounting services. By outsourcing this function, clients free up their valuable time and reduce internal workload—allowing them to focus on strategic decision-making while we manage the day-to-day accounting and compliance tasks. Our team ensures accurate financials, timely filings and seamless coordination with your tax advisors.
- Accounting services for management company/GP entity
- Preparation and filing of Form 1099
- Preparation of tax return for management company/GP entity
Offshore Fund Solutions
Expert guidance across borders.
We offer specialized offshore fund administration services backed by deep experience in the unique accounting, reporting and regulatory requirements of offshore structures. Whether you’re setting up in the Cayman Islands, BVI or other key jurisdictions, our team ensures accurate, jurisdiction-specific fund accounting and investor reporting. We also maintain strong relationships with leading legal advisors, corporate service providers and independent directors — enabling us to connect clients with trusted partners for entity formation, governance and regulatory support. With us, you gain a seamless offshore solution designed to support your fund’s global ambitions.
Financial Statement Preparation
Accurate, Audit-ready financials — delivered with confidence.
We provide full-service financial statement preparation and audit support tailored to alternative investment funds, with expertise across both US GAAP and IFRS reporting standards. Our team works proactively to coordinate with your auditors, streamline the year-end process and ensure that your financial statements are delivered accurately and on time. Whether you’re preparing standalone or consolidated statements, our deep understanding of fund structures and accounting policies ensures audit readiness with minimal disruption to your team.
- Preparation of GAAP- or IFRS-Compliant Financial Statements
- Audit Coordination & PBC (Prepared by Client) Support
- Footnote Disclosures & Partner Capital Reconciliations
- Consolidated Financial Reporting Across Complex Structures
- Timely Delivery to Meet Filing or Investor Deadlines
- Responsive Liaison with Audit Teams and Valuation Advisors
Regulatory Compliance Services
Navigating today’s complex regulatory environment requires both precision and foresight.
Our team supports alternative investment managers with a full suite of compliance reporting services, helping you meet regulatory obligations efficiently and accurately.
From U.S. SEC filings to international tax compliance, we ensure your data is complete, your filings are on time, and your firm is well prepared for regulators across jurisdictions.
SEC Form PF Preparation & Filing
For registered investment advisers managing private funds.
Cayman Islands FAR (Fund Annual Return) Reporting
Complete preparation and submission aligned with CIMA requirements.
FATCA & CRS Reporting
Support with global tax transparency obligations, including XML generation and submission.
CRS Compliance Form (Cayman Islands)
Preparation and filing of the required annual CRS compliance certification.
